Markfield has agreed to be available to American Eagle Outfitters management "to ensure a successful transition" to the remaining leadership team after his retirement, CEO Robert Hanson said Wednesday during a conference call with analysts and investors.

Hanson said American Eagle is starting a transition process over the next few quarters.

Markfield said during a conference call that he has "tremendous confidence in the future of American Eagle" and felt the brand was perfectly positioned for growth.

This was Markfield's second time with American Eagle Outfitters (NYSE: AEO). He started at American Eagle in 1993 and was chief merchandising officer from 1995 to 2002, co-CEO in 2002 and 2003, and vice chairman from 2003 to 2006. He retired in 2006 but stayed on with the board. Markfield returned to American Eagle Outfitters (NYSE: AEO) in 2009 for a newly created position of vice chairman, executive creative director.

Markfield's annual base salary is $950,000, according to an SEC filing.

Paul J. Gough is digital producer at the Pittsburgh Business Times. Contact him at pgough@bizjournals.com or 412-208-3827. You can also follow him on Twitter.

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